10 Most Valuable Currencies in the World

Bangalore: The moment one hears the term ‘Currency’, a U.S. dollar floats before one’s eyes. This is so because the U.S. dollar rules world trade and so it is always in limelight. But did you know there are other currencies which are even more valuable than the U.S. dollar? Here are top 10 most valuable currencies of the world. They are ranked according to their value against dollar. Even though they stand to be most valuable, it does not mean that these currencies have better investment options or that it represents good economic health of a nation. These rankings are strictly based on their exchange rates, which could fluctuate easily. So let’s check out list below:

1. Kuwaiti Dinar

One Kuwaiti Dinar (KWD) is $3.65 = 184.32

The Kuwaiti Dinar is the official currency of Kuwait. Its currency code is KWD. It is sub divided into 1000 fils. With the value of $3.65 U.S., It is the highest-valued currency unit in the world. The dinar was introduced to replace the Gulf rupee in 1961. Initially it was equivalent to Pound Sterling. Kuwait along with other five Gulf Arab monarchies, is in talks this year to form a single currency.

2. Maltese Pound

One Maltese Lira (MTL) is $3.50 = 176.75

The Maltese Pound or lira was the currency of Malta from 1972 until 31 December 2007. It is abbreviated as Lm and has its symbol is ?. It is subdivided into 100 cents or 1000 mil. The Euro replaced the Maltese lira as the official currency of Malta from 2008 onwards. The Central Bank of Malta has its monetary authority. With Maltese Pound or lira, Malta has the second most expensive currency with it.

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1:
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2:
It’s really surprising to me. I was not expecting so many valuable currencies in the world. Firstly, I got to know about this through a Hindi site (http://www.thelallantop.com/jhamajham/most-power-full-currency/) and that time it was a bit tough to believe. Really, we know nothing about our world and surroundings as well.

3:
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8:
To all the people suggesting the "website be updated", please understand that this is an article - written at a point in time (mentioned under the article title) - and not the website providing latest information on the matter. If you read carefully, the writer gives a caveat in the introduction that exchange rates are bound to fluctuate. So no points to all of you pointing it out in the comments.

28:
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42:
This report is meaningless. Mere conversion rate does not indicate the strength of a currency. The role of a currency in global trade and the demand for it are more important. There are also errors which point to the ignorance of the author. Oman is on the East Coast of Africa? See any atlas.

You are right. What is the value of trade and with how many countries these countries are trading? GDP and all needs to be evaluated. Otherwise, any country can say that their currency is greater than other's.